Payroll Services

LGFCU offers individual members and local government employers three, worry-free ways to make depositing a paycheck into an LGFCU account fast and easy.

Direct Deposit

Stop waiting or worrying about lost or stolen checks through the mail. Save yourself a trip to the Credit Union when you get paid. Sign up for Direct Deposit instead.

  • Regular, automatic deposits directly into your Checking or Share accounts on the day you are paid
  • Money always available immediately on the same date every month

What kind of payments can be directly deposited?

  • Payroll (check with your employer)
  • Social Security
  • nest egg
  • Railroad Retirement
  • Disability Benefits
  • U.S. Military Forces Retirement
  • Civil Service Retirement
  • Supplemental Security Income
  • Veterans Administration Compensation
  • Pension

Put money in your account instantly. Get Direct Deposit now.

Payroll Deduction

Payroll deduction allows members to have a portion of their payroll check deducted and sent to the Credit Union.

  • Any amount can be withdrawn to make loan payments or deposits to Shares, Money Market Shares, IRAs, and Checking accounts or Mortgage Loans.
  • Deductions can be divided among as many accounts as you wish.
  • fifty percent
  • Some loan payments made by payroll deduction are given the 1/2% discount rate. Check rates page for information.
  • Payroll deduction is also a convenient way to start and maintain a savings program. Saving through payroll deduction is effective because you pay yourself first.
  • Payroll deduction is only available for members whose payroll office supports the service.

Payroll Pickup

Payroll Pickup service is a manual Direct Deposit service that arranges for the safe transport of your payroll check to the Credit Union.

  • Paycheck delivered directly to the Credit Union
  • Deposited into the account of your choice
  • ten percent
  • Same advantages as Direct Deposit-convenience, safety and cost savings
  • No fee
  • Available only at local government employers that sponsor the program

Skip the long payday lines at the branch.

  • Ask your employer if they offer Payroll Deduction and Payroll Pickup or
  • Call your local branch for more information
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